A whale deposited $3.37 million into Hyperliquid, shorted PEPE with 3x leverage.

BlockBeats News, May 29th, according to LookIntoChain monitoring, a whale deposited 3.37 million USDC into Hyperliquid and opened a 3x leveraged short position on PEPE. Previously, this whale had made a $763,000 profit on a BTC long position.

In a previous report, Trump posted a picture on the Truth platform that included PEPE and his own image, causing a short-term surge in PEPE's price.